Core Business FocusThe sale is viewed as a sensible disposal that allows Kingfisher to focus on its core regional businesses in the UK, France, and Poland.
Profit ExpectationsThe disposal of a loss-making business is seen as a pragmatic decision from Kingfisher, providing upside potential to profit expectations.
Strategic FocusKingfisher announced the sale of its Romania business, Brico Dépôt Romania for £58m, which will allow the business to have greater strategic focus on markets where it is most strongly positioned to deliver returns.